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China Faces Challenges as It Mulls 13th Five-Year Plan

Chinese authorities will hold high-level political meetings in Beijing next week that are expected to unveil details about the country’s next five-year plan, which comes as the Chinese economy is slipping into a so-called "new normal" of slower economic growth. According to official data released this week, China’s economy grew at 6.9 percent in the third quarter, its slowest pace in six years. The fact that the indicator coincidentally met the government’s target of a “flexible...

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